Vault Technology Announces Settlement of Finance Contracts and Transfer of 100% Interest in Its Mineral Property

FORT LAUDERDALE, FL--(Marketwire - October 14, 2008) - Vault Technology, Inc. (OTCBB: VULT)
today announced that it has transferred its undivided interest in its
mineral property; the Wollaston Lake Property. Along with the transfer of
the property, the company has also satisfied the finance contracts related
to the above-mentioned property. The company will now focus all of its
efforts on the audiovisual integration and technology solutions market
segments.

"Now that we have transferred ownership of the Wollaston Lake property, we
can concentrate our efforts on the execution of our business plan and focus
on audiovisual systems integrators and other technology solution
providers," said Nick Arroyo, President and CEO of Vault. "We believe it
is an opportune time to focus 100% of our efforts in the business that we
have expertise in, and are confident in its growth potential," added
Arroyo.

About Vault Technology, Inc.

Vault Technology, Inc. will focus on acquiring operating entities that
deliver products and services related to audiovisual systems integration,
home theater systems and digital media. Vault is actively engaged in the
acquisition and development of breakthrough strategies for the next
generation of enterprise system solutions. Always looking for new
opportunities, Vault will carefully select businesses that meet our
strategic goals and work to successfully integrate these ventures into a
cohesive business unit. If you would like additional information on Vault
Technology, please visit our website at
www.vaulttechnology.com

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Reform Act of 1995. Forward-looking statements are commonly identified by
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